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Sun October 16, 2011
Tax deal may lead to expansion at Lansing's Capital Region International Airport
Plans to turn Lansing’s airport into an ‘aerotropolis’ may soar or fall to earth this week.
The Lansing City Council on Monday will discuss a deal to split tax revenues at Capital Region International Airport with a local township. If the tax deal is approved, it could spur business investment at the mid-Michigan airport.
Robert Selig is the executive director the Capital Region Airport Authority. He says the airport will use the tax deal as part of its application for state tax credits to create an ‘aerotropolis’.
“We’re trying to put together a marketing package that we can go nationally with to recruit businesses…that are in logistics, air cargo, distribution…and encourage them to locate in mid-Michigan and expand their businesses here," says Selig.
Selig says the airport only has a few weeks to get its application submitted for those state tax credits.